Orlando, FL, April 28, 2015 --(PR.com
)-- venVelo, one of the fastest growing and most active early-stage venture funds in Central Florida, announced today that one of its portfolio companies, mCast Networks, was awarded a trademark for the term “mCasting.”
“Just as MeshNetworks became the term to describe all wireless, ad hoc, peer-to-peer networks, we plan to brand our suite of services to make mCasting the term for all mobile video broadcasting,” said Allen H. Kupetz, interim CEO of mCast Networks.
About mCast Networks
mCast Networks broadcasts context-specific video to mobile devices in densely populated venues that can’t be served adequately or affordably by cellular or Wi-Fi networks. See http://www.mcastnetworks.com for more information.
venVelo, the premier early-stage venture fund in Florida for innovative companies seeking capital and mentoring, was launched in 2012 and quickly established itself as one of the most active venture funds in central Florida. It was named the 2014 “Tech Investor of the Year”. In addition to its investments in flexReceipts, GENICON, Kairos, mCast Networks, Spectrum Bridge, Splyt, Thrive Frozen Nutrition, Vigilant Biosciences, and Zentila,, venVelo board members have been frequent speakers, panelists, and venture competition judges around the state. venVelo also has donated money to a variety of organizations working to develop the central Florida entrepreneurial ecosystem. See http://www.venvelo.com/ for more information.